# Stocks Rise as Treasury Yields Spike

> Treasury yields hit 5.344% as stocks initially gain then fall.
- Title: Stocks Rise as Treasury Yields Spike · Kiplinger | Shortify
- Summary: Treasury yields hit 5.344% as stocks initially gain then fall. Stocks rose after strong earnings but fell as Treasury yields spiked to 5.344%.
- Keywords: treasury yields, stock market, dow jones, s&p 500, nasdaq composite, micron technology, accenture, federal reserve, Stocks, Rise, Treasury, Yields
- Source: Kiplinger — https://kiplinger.com/investing/stocks/stocks-gain-as-treasury-yields-fluctuate-stock-market-today
- Published: 2026-10-01T20:11:59+00:00
- Read time: 1 min
- Topics: treasury yields, stock market, dow jones, s&p 500, nasdaq composite, micron technology, accenture, federal reserve
## Stocks open higher
Stocks opened higher Thursday thanks to a solid round of corporate earnings.
## Treasury yields spike
The 10-year Treasury yield hit an intraday high of 5.344% today.
## Yields drop by close
The 10-year Treasury yield closed down 5.9 basis points at 5.234%.
## 30-year yield peaks
The 30-year Treasury yield notched its highest intraday peak in 24 years.
## Dow Jones falls
The Dow Jones Industrial Average opened 0.4% higher but was down 0.7% by mid-morning.
## S&P 500 and Nasdaq rise
The S&P 500 and Nasdaq Composite both closed in positive territory.
## Micron beats earnings
Micron Technology reported earnings per share of $33.42 from $3.03 the year prior.
## Accenture surges
Accenture jumped 15.8% after reporting better-than-expected fiscal fourth-quarter results.
## Key takeaway

Stocks rose after strong earnings but fell as Treasury yields spiked to 5.344%.